Consumers warned as energy price hike pushes up bills

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Energychoices.co.uk advises consumers to compare tariffs and switch as Scottish & Southern Energy becomes the first of the “big six” suppliers to increase its energy prices.

It is always a good idea to regularly compare energy deals, but in the face of price increases like this it is more important than ever to go online and compare all the different tariffs and energy prices available.

Energychoices.co.uk advises consumers to compare tariffs and switch as Scottish & Southern Energy becomes the first of the “big six” suppliers to increase its energy prices.

As winter fast approaches and energy price hikes appear imminent, Energychoices.co.uk is urging customers to get online and compare all the different deals available before they get caught out by soaring household bills.

Scottish & Southern Energy (SSE) recently announced that from 1 December it will increase its standard gas prices by 9.4%.

This means the average customer will see their bills go up by around £67 a year, or £5.40 a month.

For the average household on SSE’s standard dual fuel tariff, energy bills will cost around £1,226 a year, which is up from £1,159 at the moment.

This is the first of the big energy companies to introduce a general price rise since 2008, but Chris Eagle, commercial manager at Energychoices.co.uk, is warning that other suppliers are likely to follow suit.

He says: “This increase by Scottish & Southern Energy is probably just the beginning of a round of energy price hikes, and people should be prepared for the other ‘big six’ energy suppliers to make some changes to their prices as well.

“Wholesale gas prices have gone up significantly over the year and suppliers will want to reflect this in their retail prices.”

According to SSE, annual wholesale gas prices have increased by more than 25% since the supplier last made changes to its prices in March 2010.

Eagle adds: “The gas price hike could not have come at a worse time with temperatures already below freezing in some parts of the country, but there are likely to be more increases as the year comes to an end.

“It is always a good idea to regularly compare energy deals, but in the face of price increases like this it is more important than ever to go online and compare all the different tariffs and energy prices available. Chances are you could save yourself a fortune this winter by switching onto a more suitable and appropriate energy deal for your needs.”

About Energychoices..co.uk

Energychoices.co.uk was launched in 2005 and allows users to compare energy prices.
Energychoices.co.uk is part of the Consumerchoices.co.uk group of websites. Consumerchoices.co.uk provides news, guides and expert advice to help customers save money on all their household bills.

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